Fitz-Koch, Sarah
- Department of People and Society, Swedish University of Agricultural Sciences
Research article2017Peer reviewed
The Reciprocal Relationship of Innovation Capabilities and Socioemotional Wealth in a Family Firm
Fitz-Koch, Sarah; Nordqvist, Mattias
Abstract
This paper deals with entrepreneurship in family firms by researching how technology-based innovation capabilities influence the socioemotional dimensions of the owning family and vice versa. In combination with dynamic capabilities, the socioemotional wealth (SEW) perspective offers a framework that enables an investigation of the nature of innovation capabilities in family firms. Studying a single firm, we identify a positive reciprocal relationship between innovation capabilities and SEW. We find that this reciprocal relationship within the family business presents itself in a synergistic fashion, yielding synergies between financial wealth and SEW. The findings contribute to the literature on entrepreneurship and innovation in family businesses.
Published in
Journal of Small Business Management
2017, Volume: 55, number: 4 SI, pages: 547-570 Publisher: WILEY
Nordqvist, Mattias
- Department of People and Society, Swedish University of Agricultural Sciences
- Jönköping International Business School
- Department of People and Society, Swedish University of Agricultural Sciences
SLU Authors
UKÄ Subject classification
Business Administration
Publication identifier
DOI: https://doi.org/10.1111/jsbm.12343
Permanent link to this page (URI)
https://res.slu.se/id/publ/93183